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UTStarcom Holdings Corp UTSI

UTStarcom Holdings Corp. provides broadband products, solution and services. The Company delivers broadband transport and access (both wireless fidelity (Wi-Fi) and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. Its segments include Equipment, which is focused on its equipment sales, including network infrastructure and application products, and Services, which is engaged in providing services and support of its equipment products and also the new operational support segment. The broadband product lines include family of packet transport network (PTN) products based on multi-protocol label switch transport profile (MPLS-TP) and carrier Ethernet (CE) technologies enhanced through in-house software-defined networking (SDN) platform to support the network evolution, and multi services access network (MSAN) platform. Wireless broadband access is represented by end-to-end Carrier Wi-Fi solution.


NDAQ:UTSI - Post by User

Bullboard Posts
Post by wjmon Jan 17, 2002 9:16am
275 Views
Post# 4647179

Holding through the storm

Holding through the stormUTSI is being unfairly dragged down by the market action. I have decided to hold rather than play the sell game and buy back cheaper. The reason is the Q4 and annuals comeig out Jan 28. This commapny is just too strong and I think the Q4 incrementals over last year will send this one up again. There is good news coming out all the time so I prefer to wait. BTW I bought in at 28.87 early this month and could have taken a 25% profit. I would have if I'd known the market would overreact. In five years it won't matter at the growth rate and profitability of this stock, it's going places.
Bullboard Posts